Ren Re authorises share repurchase

Renaissance Re has authorised an additional share repurchase programme to buy back $25m of its shares...

Renaissance Re has authorised an additional share repurchase programme to buy back $25m of its shares.
This is the second such action authorised by the company in recent months. The first, authorised in November 1999, has $0.4m remaining on the $25m programme.
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